Anant S Iyer, with 33 years of experience in the alcobev industry, has been appointed as the Director General of the Confederation of Indian Alcoholic Beverage Companies (CIABC).

United Breweries Ltd's net profit rose 27.47% to Rs 173.80 crore in Q1 FY24, driven by volume and price mix improvements. Revenue also increased by 10.83% to Rs 5,811.28 crore.

UBL, AB-InBev, and Carlsberg have formed the Brewers' Association of India (BAI) to promote responsible growth and innovation in the Indian beer market. The association aims to address challenges...

United Breweries'' net profit jumped over 5 times in the March quarter, driven by strong revenue growth and premium segment performance. Read more.

United Breweries Ltd received a tax demand of over Rs 263.70 crore from the Maharashtra State Goods & Service Tax Department for FY 2019-20. The company plans to appeal the order.

Digital banking platform Freo aims for 25-30% revenue growth in FY24, prioritizing profitability. The company has been profitable since December 2023 and expects to continue this trend. Freo's...

Finance ministry allows 15 securities firms, including SBICAP Securities, IIFL Securities, and Angel One, to conduct Aadhaar-based KYC verification of clients.

State Bank of India (SBI) raises its MCLR by 10 bps across tenors, impacting consumer loans. This is the third consecutive hike, making EMIs costlier for borrowers. Learn more about the new rates...

An American court has ordered Vedanta Group-backed Sterlite Technologies' overseas arm to pay USD 96.5 million to Prysmian for violating trade secrets norms. The court also penalized a Sterlite...

GTRI recommends India reconsider duty concessions on gold, silver, diamonds, and platinum under the India-UAE FTA, citing concerns over domestic industry impact and potential misuse.

Digital banking platform Freo aims for 25-30% revenue growth in FY24, prioritizing profitability. The company has been profitable since December 2023 and expects to continue this trend. Freo's...

Finance ministry allows 15 securities firms, including SBICAP Securities, IIFL Securities, and Angel One, to conduct Aadhaar-based KYC verification of clients.

State Bank of India (SBI) raises its MCLR by 10 bps across tenors, impacting consumer loans. This is the third consecutive hike, making EMIs costlier for borrowers. Learn more about the new rates...

An American court has ordered Vedanta Group-backed Sterlite Technologies' overseas arm to pay USD 96.5 million to Prysmian for violating trade secrets norms. The court also penalized a Sterlite...

India's government launched a satellite-based agricultural decision support system called Krishi-DSS, providing farmers with real-time data for crop management and productivity enhancement.